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Here's how much you need to earn to be in the top 1% in each US state

Here's how much you need to earn to be in the top 1% in each US state
Connecticut had the highest 1% income floor, at $1,056,996 in annual income.JTMC/ShutterstockSmartAsset determined the income needed to be in the top 1% in each US state.In 2025, the top 1% comprises about 1.5 million households.On average, it takes an annual income of $731,492 to be in the top 1% across states.Have you ever wondered how much money the 1% makes?While the ultrawealthy often hold their fortune in a mix of assets, the salary earned by the top 1% is still sizable — but it might vary largely depending on which state you look at.While earning $416,310 a year puts you in the top 1% of earners in West Virginia, it takes over a million dollars to be in the top 1% in Connecticut.A recent SmartAsset study calculated the income needed — or the income floor — to be in the top 1% of earners in each US state, using 2022 IRS tax return data for individual tax filers adjusted to May 2025 dollars using the Bureau of Labor Statistics' Consumer Price Index.The study, which was released in July, also calculated the number of 2022 tax returns for each state that would be considered in the top 1% of earners.Here's how each US state fared.AlabamaHuntsville, Alabama.Jeremy Poland/Getty ImagesIncome floor for top 1% of earners: $532,600Number of top 1% returns: 20,185AlaskaTripWalkers/ShutterstockIncome floor for top 1% of earners: $586,381Number of top 1% returns: 3,223ArizonaPhoenix, Arizona.Sean Pavone/ShutterstockIncome floor for top 1% of earners: $641,262Number of top 1% returns: 31,872ArkansasLittle Rock, Arkansas.Sean Pavone/ShutterstockIncome floor for top 1% of earners: $517,761Number of top 1% returns: 12,198CaliforniaLos Angeles, California.Marek Masik/ShutterstockIncome floor for top 1% of earners: $905,396Number of top 1% returns: 175,045ColoradoDenver, Colorado.Kevin Ruck/ShutterstockIncome floor for top 1% of earners: $772,989Number of top 1% returns: 27,685ConnecticutNew Haven, Connecticutf11photo/ShutterstockIncome floor for top 1% of earners: $1,056,996Number of top 1% returns: 16,917DelawareWilmington, Delaware.Real Window Creative/ShutterstockIncome floor for top 1% of earners: $578,580Number of top 1% returns: 4,726FloridaMiami, FloridaBilanol/ShutterstockIncome floor for top 1% of earners: $859,381Number of top 1% returns: 105,101GeorgiaAtlanta, Georgia.Sean Pavone/ShutterstockIncome floor for top 1% of earners: $662,821Number of top 1% returns: 46,220HawaiiHonolulu, Hawaii.Ronnie Chua/ShutterstockIncome floor for top 1% of earners: $561,147Number of top 1% returns: 6,472IdahoBoise, Idaho.Jacob Boomsma/ShutterstockIncome floor for top 1% of earners: $627,839Number of top 1% returns: 8,145IllinoisChicago, Illinois.RomanSlavik.com/ShutterstockIncome floor for top 1% of earners: $731,202Number of top 1% returns: 56,794IndianaIndianapolis, Indiana.Sean Pavone/ShutterstockIncome floor for top 1% of earners: $531,332Number of top 1% returns: 30,120IowaDes Moines, Iowa.Mihai_Andritoiu/ShutterstockIncome floor for top 1% of earners: $554,046Number of top 1% returns: 13,821KansasWichita, Kansas.Jacob Boomsma/ShutterstockIncome floor for top 1% of earners: $609,946Number of top 1% returns: 12,643KentuckyLouisville, Kentucky.Sean Pavone/ShutterstockIncome floor for top 1% of earners: $496,281Number of top 1% returns: 18,395LouisianaNew Orleans, Louisiana.Cavan-Images/ShutterstockIncome floor for top 1% of earners: $551,125Number of top 1% returns: 18,593MainePortland, Maine.PTAP Aerial/ShutterstockIncome floor for top 1% of earners: $550,936Number of top 1% returns: 6,618MarylandBaltimore, MarylandSean Pavone/ShutterstockIncome floor for top 1% of earners: $677,543Number of top 1% returns: 29,040MassachusettsBoston, Massachusetts.Sean Pavone/ShutterstockIncome floor for top 1% of earners: $965,170Number of top 1% returns: 32,795MichiganDetroit, Michigan.Sean Pavone/ShutterstockIncome floor for top 1% of earners: $561,582Number of top 1% returns: 45,218MinnesotaMinneapolis, Minnesota.Sean Pavone/ShutterstockIncome floor for top 1% of earners: $671,408Number of top 1% returns: 26,423MississippiJackson, Mississippi.Sean Pavone/ShutterstockIncome floor for top 1% of earners: $439,479Number of top 1% returns: 11,731MissouriKansas City, Missouri.Sean Pavone/ShutterstockIncome floor for top 1% of earners: $559,043Number of top 1% returns: 26,898MontanaBillings, Montana.trekandshoot/ShutterstockIncome floor for top 1% of earners: $656,830Number of top 1% returns: 5,101NebraskaOmaha, Nebraska.Sean Pavone/ShutterstockIncome floor for top 1% of earners: $603,899Number of top 1% returns: 8,660NevadaLas Vegas, Nevada.Sean Pavone/ShutterstockIncome floor for top 1% of earners: $703,713Number of top 1% returns: 14,754New HampshireManchester, New Hampshire.Sean Pavone/ShutterstockIncome floor for top 1% of earners: $735,374Number of top 1% returns: 6,796New JerseyNewark, New Jersey.FotosForTheFuture/ShutterstockIncome floor for top 1% of earners: $901,082Number of top 1% returns: 43,042New MexicoAlbuquerque, New Mexico.Sean Pavone/ShutterstockIncome floor for top 1% of earners: $451,639Number of top 1% returns: 9,310New YorkNew York City.phototrip2403/ShutterstockIncome floor for top 1% of earners: $891,640Number of top 1% returns: 91,840North CarolinaCharlotte, North Carolina.Kevin Ruck/ShutterstockIncome floor for top 1% of earners: $640,783Number of top 1% returns: 46,525North DakotaFargo, North Dakota.Jacob Boomsma/ShutterstockIncome floor for top 1% of earners: $695,759Number of top 1% returns: 3,431OhioColumbus, Ohio.Rudy Balasko/ShutterstockIncome floor for top 1% of earners: $550,724Number of top 1% returns: 53,103OklahomaOklahoma City, Oklahoma,Sean Pavone/ShutterstockIncome floor for top 1% of earners: $544,679Number of top 1% returns: 16,106OregonPortland, Oregon.Jesper A/ShutterstockIncome floor for top 1% of earners: $603,006Number of top 1% returns: 19,053PennsylvaniaPhiladelphia, Pennsylvania.photosounds/ShutterstockIncome floor for top 1% of earners: $655,636Number of top 1% returns: 58,541Rhode IslandProvidence, Rhode Island.Sean Pavone/ShutterstockIncome floor for top 1% of earners: $603,162Number of top 1% returns: 5,224South CarolinaCharleston, South Carolina.Ayrton Rojo Arango/ShutterstockIncome floor for top 1% of earners: $580,600Number of top 1% returns: 23,203South DakotaSioux Falls, South Dakota.Jacob Boomsma/ShutterstockIncome floor for top 1% of earners: $687,190Number of top 1% returns: 4,062TennesseeNashville, Tennessee.Sean Pavone/ShutterstockIncome floor for top 1% of earners: $638,299Number of top 1% returns: 30,531TexasHouston, Texas.Sean Pavone/ShutterstockIncome floor for top 1% of earners: $743,955Number of top 1% returns: 128,130UtahSalt Lake City, Utah.Sean Pavone/ShutterstockIncome floor for top 1% of earners: $690,548Number of top 1% returns: 13,991VermontBurlington, Vermont.Erika J Mitchell/ShutterstockIncome floor for top 1% of earners: $583,559Number of top 1% returns: 3,123VirginiaVirginia Beach, Virginia.Kyle J Little/ShutterstockIncome floor for top 1% of earners: $701,792Number of top 1% returns: 39,103WashingtonSeattle, Washington.Pavlo Kikot/ShutterstockIncome floor for top 1% of earners: $819,101Number of top 1% returns: 35,597West VirginiaCharleston, West Virginia.Sean Pavone/ShutterstockIncome floor for top 1% of earners: $416,310Number of top 1% returns: 7,316WisconsinMilwaukee, Wisconsin.Sean Pavone/ShutterstockIncome floor for top 1% of earners: $566,711Number of top 1% returns: 27,293WyomingCheyenne, Wyoming.Jacob Boomsma/ShutterstockIncome floor for top 1% of earners: $771,369Number of top 1% returns: 2,611Read the original article on Business Insider

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